Convenience Store and Fuel
2391 Pineapple Hwy Greenville, AL 36037
2391 Pineapple Hwy, Greenville, AL, 36037
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For Sale
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Convenience store and Shell-branded fueling station on a 5-acre parcel with a long-term absolute NNN lease.
Property Size2,496 SF
Lot Size5.00 Acres
Price / SF$773.43
Days on Market153
Property Features for 2391 Pineapple Hwy
General Information
- Standard status
- Active
- Size
- 2,496 SF
- Lot size
- 5.00 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing agency
Northmarq Capital, LLC
Listed by
Logan Carbonari · License #CA 02058241
Source
Crexi
Added: Feb 19 Updated: Jul 22 at 5:33AM Checked: Jul 22 at 5:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
The property includes a ±2,496 square foot convenience store paired with a Shell-branded fueling station. The asset sits on a ±5.00 acre parcel and is occupied by Gas Express, LLC under an absolute NNN lease.
The lease commenced in December 2022 with a 20-year term, leaving more than 16 years remaining on the base term as of the listing. Rent is scheduled to increase by 1.5% annually throughout the base term and across all four, five-year renewal options.
Ownership is offered on a fee simple basis, and the listing notes accelerated depreciation benefits associated with the structure of the ownership. For additional lease details and offering information, contact the listing brokers.
The lease commenced in December 2022 with a 20-year term, leaving more than 16 years remaining on the base term as of the listing. Rent is scheduled to increase by 1.5% annually throughout the base term and across all four, five-year renewal options.
Ownership is offered on a fee simple basis, and the listing notes accelerated depreciation benefits associated with the structure of the ownership. For additional lease details and offering information, contact the listing brokers.
Key Highlights
- ±2,496 SF convenience store and Shell‑branded fueling station on a ±5.00‑acre parcel
- Tenant: Gas Express, LLC; property is occupied and operated under an absolute NNN lease
- 20‑year lease began December 2022 with over 16 years remaining base term
Property Analytics
Location Intelligence
Current Use by Public Records
BBQ 65
Restaurant
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FAQs
What type of property is this?
Gas station - Convenience store and Shell-branded fueling station on a 5-acre parcel with a long-term absolute NNN lease.
Where is this gas station located?
The property is located at 2391 Pineapple Hwy Greenville, AL.
What is the asking price?
The asking price for this property is $1,930,476.
What are key features of this property?
This property features: ±2,496 SF convenience store and Shell‑branded fueling station on a ±5.00‑acre parcel; Tenant: Gas Express, LLC; property is occupied and operated under an absolute NNN lease; 20‑year lease began December 2022 with over 16 years remaining base term
